Guarantee Trust Life was founded back in 1936. Since the company began, it has been operated as a family business under the direction of the Holsons. They are a mutual reserve company which has been offering accident, health, special risk, and life insurance products for over 77 years.
Affiliated Brand Names
- GTL
- Guarantee Trust Life Insurance
- Guarantee Trust Life Insurance Company
- GTLIC
Company Highlights
- Headquartered in Glenview, IL
- Provides policies in 49 states and Washington DC
- Founded in 1936
- Over 77 years of industry experience
Medicare Plans Offered
Depending on the size of a company, their portfolio of Medicare supplement plans offered will vary. Guarantee Trust Life Insurance offers the following products:
| Medicare Supplement Plans | YES |
| Medicare Advantage Plans | NO |
| Medicare Part D Drug Plans | NO |
Guarantee Trust Life Insurance Premium Comparison
Comparing premiums is important. The comparison process can give you a better picture of what you should be paying so that you don’t end up losing your savings to a company which is charging you too much. In the graph below, we compare Guarantee Trust’s premiums with that of the national average:
This Table Represents National Average Costs of Medicare Supplement Plans
| Plan Type | Starting From | Part A Deductible | Part B Deductible | Excess | Nursing | Travel | |
|---|---|---|---|---|---|---|---|
| Plan C | $118* | $0 | $0 | Not Covered | 100% Covered | 100% Covered | |
| Plan F | $116* | $0 | $0 | 100% Covered | 100% Covered | 100% Covered | |
| Plan G | $105* | $0 | $233 | 100% Covered | 100% Covered | 100% Covered | |
| Plan B | $104* | $0 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan N | $70* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan D | $97* | $0 | $233 | Not Covered | 100% Covered | 100% Covered | |
| Plan A | $69* | $1,556 | $233 | Not Covered | Not Covered | Not Covered | |
| Plan L | $76* | $389 | $233 | Not Covered | 75% Covered | Not Covered | |
| Plan K | $45* | $778 | $233 | Not Covered | 50% Covered | Not Covered | |
| Plan M | $97* | $778 | $233 | Not Covered | 100% Covered | 100% Covered |
Financial Strength Ratings
The three ratings agencies listed below are the top authority when it comes to rating companies on their financial strength. And if any/all of the big three say that a company is financially strong, you can rest easy knowing that you’re making a wise health investment with that particular company.
| A.M. Best Rating | B+ |
| Standard & Poor’s Rating | No Rating |
| Moody’s Rating | No Rating |
*Ratings as of 2/17/15
Guarantee Trust Life Insurance Review
Guarantee Trust life has been a family owned-and-operated business for more than three quarters of a century. They now have a nationwide presence providing various types of insurance products, including Medicare supplement insurance, to clients in 49 states as well as the nation’s capital. They also have a fairly strong financial rating with A.M. Best.
- Market Experience
- Fast Claims Processing
- Strong Financial Reserves
- Competitive Rates
- Customer Satisfaction
How To File A Claim With Guarantee Trust Life Insurance
Telephone Number: (800) 338-7452
To speak with a person:
- Dialing their toll free number will automatically connect you to a live operator. Make sure you have your policy #, as well as any other identifying information, ready to confirm your account.
Company Contact Information
Customer Service: (Address & phone can be found on Medicare.gov Medigap search)
(800) 338-7452
Mailing Address:
Guarantee Trust Life Insurance Company
275 Milwaukee Avenue
Glenview, IL 60025
How To Get A Rate Quote
Customers looking to get a rate quote, or learn more about plans have 2 options:
- Call a licensed insurance representative at: (877) 910-7579
- Complete an online quote request at:
https://www.medigap.com/form/
